I have been keeping my eyes and ears open for some good deal in CA.

I'm a little unclear on the actual process of having the interest in these notes assigned.I know it involves an basic assignment of note, having the named-insured on the insurance policy changed, and notifying the borrower of the change.

Also, I live in california and it would take massive capital to get involved with my own house here as a first investment.

:help: Thanks everyone for your involvement, and to all of our newbies, WELCOME!

Get involved and start to engage in the conversation happening here.

It feels great so far to be involved with this, making the jump.

I've been involved in real estate since I was a child.

We look for the foreclosure for the great deal, but unless we can do some good then really we are simply part of the problem.We are starting to do deals in Australia that have been around since Adam was a boy and they don't involve bank finance but offer a means of structuring a sale and a purchase to give the seller what they desperately need, while at the same time giving a buyer what they need and can't get - a house!

Are you planning on getting involved in the US real estate marketplace or focusing more locally?

I'm glad to hear from others that those deals and the people involved are getting investigated and in some cases convicted.